Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 14/05/2014
Author
Published By Nugroho Tri Utomo
Edited By Saba Bilquis
Uncategorized

AFFORDABLE HOUSING FINANCE POLICIES ON INDONESIA

1. Channeling FLPP.
2. Improve the role of the Regional Development Bank in channeling the FLPP.
3. Established Secondary Mortgage Facility Corporation.
4. Multi Storey low-Income Rental Housing.
5. Neighborhood development.
6. Quality Improvement for Self-Help Housing.
7. Revitalize the role of Perumnas (National Public Housing Enterprise).
8. Establish housing microfinance institutions.

Putting together a road map for accelerated public housing provisions and slum alleviation in 2015-2019, focusing on a select number of achievable programs and providing strong bases for scaling up.

Issues: Mismatch supply-demand and substandard housings. Market failures in the low-income housing market: housing price overshooting, undersupply of affordable housing, low-quality housing. Limited access of low-income households to housing finance Lack of long-term financing Ineffective and mistargeted government interventions; limited capability to empower low-income housing market Many good initiatives from government and community in the past but have not been successfully scaled-up.

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